and all regions of the world. Because freight payment data is uploaded weekly, clients can continually access updated information. They also can set parameters so they’re quickly notified of anomalies. Further review can show if the shift is a one-time blip or a trend. While up-to-date technology is a critical element of FBAP services today, the insight that CT Logistics’ experienced team of logistics professionals can provide is just as important. Among other services, they can offer valuable supply chain management consulting, project management, spend analyses, and benchmarking studies. “CT Logistics has a bench of experts able to undertake sophisticated analyses,” Miner says. CT Logistics can also leverage its large database of freight spend data to aid clients. For example, if the database reveals that parcel rates have been increasing over the past nine months for its clients, CT Logistics might advise shippers to consider renegotiating their contracts before rates rise even more. CT Logistics brought its technology and expertise to its work with a large technology company whose decentralized, fragmented business processes limited visibility to global transportation spend. CT Logistics partnered with the client to deliver a global transportation invoice validation and visibility solution that spans 41 countries, dozens of currencies, and hundreds of millions of dollars of transportation spend. By centralizing control, standardizing processes, and creating a global database of shipment activity by country and region, the solution improved logistics and supply chain operations and is helping the company to rein in global supply chain costs. From its base in the manufacturing heart of the United States, CT Logistics will continue to leverage its technical solutions and logistics expertise to further serve its clients. As it does, it continues
to grow in North America and around the globe. CTSI-Global: Gain Insight, Embrace Efficiencies, Reduce Spending “CTSI-Global is a true global logistics ecosystem,” says COO Jay Hazen. The company stands apart in several ways. One differentiator is its global freight audit and payment capabilities, such as languages and currencies. The other is its Honeybee TMS (transportation management system) for shipping execution, optimization, and analytics. Leveraging technology that has been refined over decades, CTSI- Global’s world-class, multimodal audit solution fully automates audits for all duplicate, rate, discount, ancillary, and performance metrics, with refund processing for all exceptions.
CT Logistics has a bench of experts able to undertake sophisticated analyses.
ALLAN J. MINER Chief Executive Officer, CT Logistics
FreitRater , CT Logistics’ expert freight audit and payment system, employs sophisticated algorithms and models that leverage the company’s industry knowledge. With this technology, CT Logistics can analyze and improve clients’ transportation costs, contracts, and other information, taking into account the mode, origin, destination, services performed, and other attributes of each shipment. “It’s our special sauce,” Miner says. QLIK Analytics then provides visual insight into the data generated through the FreitRater engine. For example, QLIK might create a heat map showing transactions in which parcel costs have jumped more than 10% above the annual average. A shipper can then drill into the exceptions to identify the reasons for the spike, such as the shipment of a higher-value product that requires additional insurance. “We can get answers from behind the curtain,” says Miner. The QLIK database spans all modes
We work across all sectors, modes, currencies, restrictions, rate negotiations, and just-in-time inventory planning.
JAY HAZEN Chief Operating Officer, CTSI-Global
64 Inbound Logistics • September 2024
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